Dundee Precious Metals (OTCMKTS:DPMLF) Sets New 52-Week High - Here's Why

Dundee Precious Metals Inc. (OTCMKTS:DPMLF - Get Free Report)'s share price reached a new 52-week high on Tuesday . The company traded as high as $13.27 and last traded at $13.09, with a volume of 30298 shares trading hands. The stock had previously closed at $12.88.

Wall Street Analyst Weigh In

Separately, TD Securities raised shares of Dundee Precious Metals to a "strong-buy" rating in a report on Tuesday, February 4th.

Dundee Precious Metals Stock Performance

The firm has a market cap of $2.27 billion, a PE ratio of 10.08 and a beta of 0.62. The firm has a fifty day simple moving average of $11.54 and a two-hundred day simple moving average of $10.30.

Dundee Precious Metals (OTCMKTS:DPMLF - Get Free Report) last posted its quarterly earnings data on Thursday, February 13th. The company reported $0.46 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.45 by $0.01. Dundee Precious Metals had a return on equity of 19.41% and a net margin of 38.84%. Equities analysts forecast that Dundee Precious Metals Inc. will post 1.52 EPS for the current fiscal year.

Dundee Precious Metals Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Monday, March 31st will be issued a $0.04 dividend. The ex-dividend date is Monday, March 31st. This represents a $0.16 dividend on an annualized basis and a dividend yield of 1.21%. Dundee Precious Metals's dividend payout ratio (DPR) is presently 12.21%.

Dundee Precious Metals Company Profile

Dundee Precious Metals Inc, a gold mining company, engages in the acquisition, exploration, development, mining, and processing of precious metals. The company primarily explores for gold, copper, and silver deposits. It holds a portfolio of projects located in Bulgaria, Namibia, Serbia, and Ecuador.